I know we all feel sad - let's cry here

[btcone111]

I know 90% of us here feel very sad watching BTC plummetting from its 20K high to below 7K.

Not to mention alts like ETH and LTC which have lost nearly 70% of its value from December high.
Some other legit alts lost more than 80% already

Some of us try to stay positive and claim we are HODLing for the very long term.
Some of us try to be pragmatic and talk about buying more when BTC reaches $3K or below.

But I know most of us still can't help feeling waves of melancholic emotional emptiess washing through us every time we check coin market cap and see all coins in red dipping by -10%, -15%, -20%

I feel that we need a place to let out our negative energies and feelings. because after all, emotional drainage is the last thing you want in trading.

So let's complain about the market. Share how sad / desperate / unhappy you feel about the current market situation. Make it emotional!


Let me start first --- every time I check the market I feel so negative and unsure. Logically I tell myself I'm happy to see BTC going to below $3K because I could buy more cheap coins. But every time when I see the bearishness of the market I just feel pretty hopeless and not sure when my position could go back to my buying price. My avearge buy was around $11K but I had 40% in alts that have already lost 70%.

I also question myself on why I haven't sold some of my coins when BTC reached $20K

I start to wonder if BTC would take 2 / 3 years to recover or would it take 15 years (like dot com bubble) for BTC to reach $20K again?

I just feel quite hopeless!

[cellard]

Only noobs feel worried, most of us saw the biggest crash ever after MtGox at around 90% crash, so this is just a joke right now.

In any case, what did you all expect? to hit $1,000,000 in one shoot? this takes years. It is a war and TPTB will keep destroying the price, and panic sellers will keep panic selling, creating crashes. It will be a very bumpy road, most will not make it. The supply is limited and the demand for a decentralized digital gold is going to be always there = long term price can only go up no matter what. Use the bear periods to accumulate.

And no, there's no way that it will take 15 years to make an ATH, no more than 1. People will be hating themselves soon when they look back at 5 figure prices.

[BitTrident]

     I feel that "sad" is a poor choice of words. I want to see bitcoin growth and am not enthusiastic about its decline in price. I think it is important to remember though, that the price is still higher than what it was 6 months ago. Most people who are buying into bitcoin for the long run are not really looking that closely to the month swings. Bitcoin price is still up an exponential amount of what it was just a few years ago. I think it is important to remember this when reflecting upon short-term price swings.

[harizen]

I know 90% of us here feel very sad watching BTC plummetting from its 20K high to below 7K.

Not to mention alts like ETH and LTC which have lost nearly 70% of its value from December high.
Some other legit alts lost more than 80% already

Some of us try to stay positive and claim we are HODLing for the very long term.
Some of us try to be pragmatic and talk about buying more when BTC reaches $3K or below.

But I know most of us still can't help feeling waves of melancholic emotional emptiess washing through us every time we check coin market cap and see all coins in red dipping by -10%, -15%, -20%

I feel that we need a place to let out our negative energies and feelings. because after all, emotional drainage is the last thing you want in trading.

So let's complain about the market. Share how sad / desperate / unhappy you feel about the current market situation. Make it emotional!


Let me start first --- every time I check the market I feel so negative and unsure. Logically I tell myself I'm happy to see BTC going to below $3K because I could buy more cheap coins. But every time when I see the bearishness of the market I just feel pretty hopeless and not sure when my position could go back to my buying price. My avearge buy was around $11K but I had 40% in alts that have already lost 70%.

When there is a massive uptrend, always expect that a downtrend follows and that is a most common happening in bitcoin price behaviour since the beginning so why sad? Most of the average bitcoiners are worried but not generally as a whole as most of the bitcoin users and holders are used to this kind of movement.

Yes others loss but still it's not the end of story to them as price decrease also giving us an advantage too.

I also question myself on why I haven't sold some of my coins when BTC reached $20K

I start to wonder if BTC would take 2 / 3 years to recover or would it take 15 years (like dot com bubble) for BTC to reach $20K again?

I just feel quite hopeless!

You didn't sell your coins that time because you want more profit. It's just that your expectations take you into a desire of getting more and more profits. That's why if already on profit and the trend is uptrend, don't hesitate to sold your coins even if the price goes higher the next day.

And obviously, who knows what will happened?

Regrets are part of the game but don't take that wrong decision to wreck your future strategy. Stand at your feet and continue to play the risky game of getting profits at crypto.

[arpon11]

I know 90% of us here feel very sad watching BTC plummetting from its 20K high to below 7K.

Not to mention alts like ETH and LTC which have lost nearly 70% of its value from December high.
Some other legit alts lost more than 80% already

Some of us try to stay positive and claim we are HODLing for the very long term.
Some of us try to be pragmatic and talk about buying more when BTC reaches $3K or below.

But I know most of us still can't help feeling waves of melancholic emotional emptiess washing through us every time we check coin market cap and see all coins in red dipping by -10%, -15%, -20%

I feel that we need a place to let out our negative energies and feelings. because after all, emotional drainage is the last thing you want in trading.

So let's complain about the market. Share how sad / desperate / unhappy you feel about the current market situation. Make it emotional!


Let me start first --- every time I check the market I feel so negative and unsure. Logically I tell myself I'm happy to see BTC going to below $3K because I could buy more cheap coins. But every time when I see the bearishness of the market I just feel pretty hopeless and not sure when my position could go back to my buying price. My avearge buy was around $11K but I had 40% in alts that have already lost 70%.

I also question myself on why I haven't sold some of my coins when BTC reached $20K

I start to wonder if BTC would take 2 / 3 years to recover or would it take 15 years (like dot com bubble) for BTC to reach $20K again?

I just feel quite hopeless!

I don't think we should loose hope as better days are still ahead. Bitcoin has done very well in 2017 and it has set a very high standard that we are now trying to recover to. $20,000 is now being seeing unachievable and do believe that that price will be the beginning of Bitcoin upward movement as we are just a little back to the next bullish trend. The bottom is here and I think big buyers will soon enter into the market.

[myhoho]

I have enough time to recover. but enough time is not more then 5 years.
2020 will be very important for all crypto supporters

[Coffee135]

I don't see any point in crying. In December, bitcoin showed us all what it can be. It seems to me that now we need to forget about easy money and create conditions for the use of bitcoin as a currency. If we wait for the government to legalize bitcoin, it will be a guaranteed defeat. It is necessary to build a cryptocurrency economy and then $ 20,000 will be only the starting point.

[The Sceptical Chymist]

I'm neither sad nor elated about where bitcoin currently is.  My frame of reference includes time frames where it traded under $200, so being above $6000 is still mighty fine IMO.  And I'm not even an OG in the crypto space.  I'm a relative newcomer.

There are people here who bought in at the top, just as there are in all bull markets.  Those people are the ones who should be glued to the wailing wall.  For everybody else who's been involved with crypto for more than 2 years this should not be surprising, nor a cause for regret, crying, or anything else.  It should be pretty much business as usual.

[Eternu]

People expected too much out of Bitcoin, and that is why they are disappointed now. I guess that most of them didn't even fully understood what Bitcoin is and how its working. But I can sympathize, because I have made some bad choices myself.
There is nothing we can do now, past is a past and people should not dwell in it. Learn what you can from it and move on. Clear your head from worthless emotions and keep focused on problems ahead. After all, in business there is no place for emotions.

[zeos_403]

OK, lets cry.
I lost more than half of my money, and I am still losing, I don't know how far this will take us?
Anyway as I am young, I have less income but huge need for money, I am not in a situation to lose half+ of my money, I really can't wait for 15 years or so, but I can't do anything else right? I lost, I lost, that's all, I have only one choice, "hold hold hold and be optimist".
I just hope it won't take 15 years and we will be able to see 20K again. 

[exstasie]

OK, lets cry.
I lost more than half of my money, and I am still losing, I don't know how far this will take us?

You should be prepared for your investment to drop to $0. It sounds cliche, but if you aren't prepared for that, you aren't cut out for investing in risky new assets like cryptocurrency. You can always be safe and buy bonds or other boring stuff like that.

Anyway as I am young, I have less income but huge need for money, I am not in a situation to lose half+ of my money, I really can't wait for 15 years or so, but I can't do anything else right?

Be glad that you are alive in Bitcoin's early days. You'll be fine. Just don't expect such a quick return and take care of your living expenses elsewhere (like a job). People who want to get rich quick are usually punished in the markets.

I lost, I lost, that's all, I have only one choice, "hold hold hold and be optimist".
I just hope it won't take 15 years and we will be able to see 20K again. 

Probably not, but like I said, be prepared for the worst.

[Slow death]

I just feel quite hopeless!

 

I read your thread and thought you were dealing well with the situation, but you're already in despair.

I'll give you the following advice, focus on more investments, focus on more things in real life, one of the big problems that many people have is that they are focused only on bitcoin and this creates anxiety and high expectations, but if you buy bitcoin and hold for many years and you have other investments both in the internet and in real life you will not be worried about the price.

[Dreamchaser21]

I don't see any point in crying. In December, bitcoin showed us all what it can be. It seems to me that now we need to forget about easy money and create conditions for the use of bitcoin as a currency. If we wait for the government to legalize bitcoin, it will be a guaranteed defeat. It is necessary to build a cryptocurrency economy and then $ 20,000 will be only the starting point.

We didn’t expect bitcoin to hit $20k last year and the price right now is still high, its just so happen that many people buy bitcoin on that level but crying can give you nothing. This is a big correction I’ve ever since but I’m still not worried about my future since I know bitcoin can bounce high again.

[orions.belt19]

I'm betting that the people who bought bitcoin at a higher price than is right now are shedding tears because they see that they're losing their money as the price get's lower and lower. For those who rode on the hype just last December or bought during a bull, they must be bawling tears by now especially if they think that the price will remain at this level.

There's really no need to complain about the market and continue to feel sad and hopeless as it won't help you nor make the price go up. Wait for another bull trend then sell to recover your investment.

[pitiflin]

I'm a fucking sadist and here's how I'm going to stick to you for making such a useless thread:
If you're at a loss, it's your stupidity that has lead to it, cause a trader makes a profit even when he is in a loss. If you're bitching about it, then you most certainly are not a dignified trader.
And don't you dare blame the markets for your own actions, they didn't force you, you voluntarily went in. Go cry somewhere else. Even I am not at a profit level but I wasn't stupid enough to buy at 20k level nor am I bitching about it. Rather I'm laying out my own strategies.
And did you just receive fucking 7 merits for this apparent sob story?

[btcone111]

I'm a fucking sadist and here's how I'm going to stick to you for making such a useless thread:
If you're at a loss, it's your stupidity that has lead to it, cause a trader makes a profit even when he is in a loss. If you're bitching about it, then you most certainly are not a dignified trader.
And don't you dare blame the markets for your own actions, they didn't force you, you voluntarily went in. Go cry somewhere else. Even I am not at a profit level but I wasn't stupid enough to buy at 20k level nor am I bitching about it. Rather I'm laying out my own strategies.
And did you just receive fucking 7 merits for this apparent sob story?

Yes we all know the logic story. It's all good and sound. Please read my original post carefully.

Im creating this thread / space hoping it could help some people let out their emotional negativites, if any

If you don't have any feelings, that's fine. Not everyone is on the same curve

Feeling emotional pain and discussing about it could be part of a learning process for some, if not for you.

Do you know a Korean student committed suicide because he lost money on crypto?

https://zycrypto.com/20-year-old-korean-student-commits-suicide-losing-money-bitcoin-trading/

Of course i'm sure you would dismiss his death as his own f***ing stupidity. But I don't agree with you.

I hope we create an environment here where we support all sorts of different people - we could only progress and mature fast as a community by facilitating a positive constructive and supportive environment where crying / feeling sad together (for those who want to ) sometimes is OK.

[btcone111]

I just feel quite hopeless!

 

I read your thread and thought you were dealing well with the situation, but you're already in despair.

I'll give you the following advice, focus on more investments, focus on more things in real life, one of the big problems that many people have is that they are focused only on bitcoin and this creates anxiety and high expectations, but if you buy bitcoin and hold for many years and you have other investments both in the internet and in real life you will not be worried about the price.

Yes indeed.
real life is keeping me quite busy etc but these few days I just keep asking myself what I could hae done better in the last few months - and the answer is - a lot!
it's a mixed feeling of guilt and uncertainty etc.

[btcone111]

I'm betting that the people who bought bitcoin at a higher price than is right now are shedding tears because they see that they're losing their money as the price get's lower and lower. For those who rode on the hype just last December or bought during a bull, they must be bawling tears by now especially if they think that the price will remain at this level.

There's really no need to complain about the market and continue to feel sad and hopeless as it won't help you nor make the price go up. Wait for another bull trend then sell to recover your investment.

Imagine BTC going to 3K (whcih is possible).
All those people who bought at 8K or now would still lose more than 50%
it's quite scary to think about isn't it.

[fabiorem]

The guy from this other thread is much more despaired than you.

For me, I'm fine with the possible opportunity to buy very cheap, even if it is below the last time I bought.

[dewi91]

I think before we buy and hold crypto currency, we already know that the price of crypto currency are always fluctuate and we know about the risk to invest on crypto but if you always feel sad or cry when every time the price decrease, you should not come into crypto world.